Next week RBI conducts 3rd Open Market Operations purchase of State Developments Loans
Funds Instructor18 Dec, 2020Finance
On 23rd December 2020, the RBI will conduct the 3rd auction of State Developments Loans (SDLs) aggregating ? 10,000 crore under the Open Market Operations (OMO). Whereas, the result of the auction also will be announced on December 23 itself. The RBI has conducted two Open Market Operations in State Development Loans covering all states/UTs for a cumulative amount of ? 20,000 crore.
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